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    2215 Atlantic Ave Daytona Beach, FL 32118

    Sponsored
    For Sale
    Contact for pricing

    Beachside 6-unit complex, high income.

    Property size:
    5,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a fully renovated, six-unit apartment building in Daytona Beach, Florida. Situated directly across from the Atlantic Ocean at 2215 N Atlantic Ave, this one-story, 5,800 square foot complex boasts stunning ocean views from each of its six units. Completed in 2023, the renovations have created modern, comfortable spaces appealing to both vacationers and long-term renters. Each unit features a fully equipped kitchen and comfortably accommodates families, with many units being pet-friendly. The property enjoys a 78% occupancy rate, demonstrating strong rental demand. Onsite amenities include a shared outdoor pool, BBQ grills, outdoor seating, and parking for up to twelve vehicles. The property's prime beachside location, close proximity to local attractions, restaurants, and nightlife, ensures high occupancy rates year-round. This turnkey investment benefits from the strong demand for beachside rentals in Daytona Beach, offering both short-term rental income and long-term appreciation potential. The property is zoned for commercial use (C zoning). This is a rare opportunity to acquire a highly profitable, well-maintained multifamily property in a thriving coastal market. The property's location offers easy access to public transportation and shopping at Bellair Plaza. This combination of location, amenities, and strong rental history makes this a compelling investment opportunity.

    Property Features for 2215 Atlantic Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    5,800 SF

    Building Details

    Year Renovated
    2023
    Stories
    1
    Units
    6

    HighLights

    • Fully renovated, six‑unit apartment building directly across from the Atlantic Ocean in Daytona Beach, Florida.
    • High tourist demand in Daytona Beach creates robust demand for short‑term rentals.
    • Strong rental market with a mix of seasonal tourists and long‑term renters provides year‑round occupancy potential.
    • Daytona Beach enjoys consistent property value appreciation due to ongoing development and increased investor interest.
    • Prime location offers easy access to major cities, highways, and airports.
    • Florida's pro‑business environment maximizes investor returns.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.023675
    Latitude
    29.2589157

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    FAQs

    What type of property is this?
    Multifamily property - Beachside 6-unit complex, high income.
    Where is this multifamily property located?
    The property is located at 2215 Atlantic Ave Daytona Beach, FL.
    What are key features of this property?
    This property features: Fully renovated, six-unit apartment building directly across from the Atlantic Ocean in Daytona Beach, Florida.; High tourist demand in Daytona Beach creates robust demand for short-term rentals.; Strong rental market with a mix of seasonal tourists and long-term renters provides year-round occupancy potential.
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    2215 Atlantic Ave Daytona Beach, FL 32118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2215 Atlantic Ave Daytona Beach, FL 32118
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